Energy storage owner-operator BW ESS and Zelos Energy Developments have announced a 1.5GW pipeline of BESS projects in Germany, aiming for ready-to-build (RTB) status over the next two years. 

KNESS has secured a €9.6 million (US$10.35 million) loan from Oschadbank for a battery storage project in Ukraine.

The energy storage market in Italy has unique characteristics that mean more risk-averse investment funds will be able to enter, but upcoming auctions could be very competitive, driving down clearing prices, a director at consultancy Timera Energy said.

Envision Energy has been contracted to supply battery energy storage systems (BESS) for EDF Group’s three-project Oasis 1 portfolio in South Africa.

A tender for the provision of BESS technology for a ‘decentralised grid booster’ deployment has been launched by Aprion, one of the four major transmission system operators (TSO) in Germany.

The government of New South Wales has signed a land lease agreement for a long-duration advanced compressed air energy storage (A-CAES) project.

Flexibility will be a critical piece of the grid of the future and energy storage will play a central role in that, keynote speakers said at Solar Media’s Energy Storage Summit Central and Eastern Europe (CEE) 2024 today.

A double-header of big news from Germany, with construction starting on a ‘Grid Booster’ BESS from TransnetBW and Fluence and the EU putting €58 million towards a project that will combine green hydrogen and iron flow battery storage at scale.

The regulator in Germany has given the green light to transmission system operator (TSO) Amprion’s five ‘decentralised grid booster’ BESS projects, totalling 250MW.

Italy grid-scale energy storage market opportunities unlike anywhere else, but many challenges and uncertainties around the different revenue streams remain, including the upcoming MACSE capacity market auction.